Objectives:
Broadly, the objective of macroeconomic policies is to maximize the level of national income, providing economic growth to raise the utility and standard of living of participants in the economy. There are also a number of secondary objectives which are held to lead to the maximization of income over the long run
Macro Economics Factors
I = Inflation Rate
S = Spending (National Expenditures)
G = Growth of GDP
N = National Economic Trend
P = Productivity Levels
F = Foreign Exchange Rate
I = Interest Rates
T =Tax Rates
Determinants of activity in the Economy
S = Supply of Finance (House, Car)
A = Aggregate Demand (Business, Individual, Houseehold)
D = Advancement in Factors of Production
C = Confidence
A = Awareness
G = Government Policy
E = Exchange rate movement
Broadly, the objective of macroeconomic policies is to maximize the level of national income, providing economic growth to raise the utility and standard of living of participants in the economy. There are also a number of secondary objectives which are held to lead to the maximization of income over the long run
Macro Economics Factors
I = Inflation Rate
S = Spending (National Expenditures)
G = Growth of GDP
N = National Economic Trend
P = Productivity Levels
F = Foreign Exchange Rate
I = Interest Rates
T =Tax Rates
Determinants of activity in the Economy
S = Supply of Finance (House, Car)
A = Aggregate Demand (Business, Individual, Houseehold)
D = Advancement in Factors of Production
C = Confidence
A = Awareness
G = Government Policy
E = Exchange rate movement
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